- Associated Press - Friday, October 10, 2014

CLINTON, Iowa (AP) - A New Jersey company has been hired to help Iowa distribute the $36 million buyout of greyhound racing participants.

The Dubuque Telegraph Herald says (https://bit.ly/1xy1PDT ) the Iowa Racing and Gaming Commission, at a meeting in Clinton on Thursday, accepted a $40,270 proposal from Spectrum Gaming Group, of Linwood, New Jersey.

In May Gov. Terry Branstad signed a bill into law that will end greyhound dog racing in Council Bluffs by 2016 and allow an industry trade group to lead races in Dubuque. The measure requires casinos that subsidized the dog tracks to pay $72 million to fund a retirement fund for dog owners and breeders and support the Greyhound Association’s effort to operate the Dubuque races.

The legislation doesn’t specify how the money will be distributed.

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Information from: Telegraph Herald, https://www.thonline.com

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